v3.25.2
Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
 12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2023
Operating activities:      
Net loss for the period $ (30,234) $ (26,115) $ (26,560)
Items not affecting cash:      
Accretion 10 19 30
Amortization and depreciation 5,119 5,735 6,685
Asset impairment 21,184 15,031 2,460
Deferred income taxes (3,935) (1,773) (926)
Foreign exchange 622 15 (146)
Gain on investment (7) (2) (43)
Share-based expense 445 1,535 1,943
Items not affecting cash (6,796) (5,555) (16,557)
Amounts receivable (298) (601) (561)
Inventory 138 (102) (185)
Unbilled revenue (248) 360 21
Prepaid expenses 261 624 90
Accounts payable and accrued liabilities 827 983 (1,665)
Sales and income taxes payable and receivable 8 733 (896)
Deferred revenue (302) 374 (80)
Net cash used in operating activities (6,410) (3,184) (19,833)
Investing activities:      
Purchase of equipment (799) (1,397) (1,495)
Security depost on leases 0 (141) 40
Deferred acquisition payment 0 (146) (592)
Sale of QVQ Holdings BV shares 0 121 80
Net cash used in investing activities (799) (1,563) (1,967)
Financing activities:      
Proceeds on share issuance, net of transaction costs 12,228 2,360 716
Repayment of leases (1,577) (1,339) (1,337)
Net cash provided by (used in) financing activities 14,893 1,021 (621)
Foreign exchange (438) (1,095) 740
Cash - beginning of the period 3,545 8,366 30,047
Cash - end of the period 10,791 3,545 8,366
Cash is comprised of:      
Cash 10,665 3,459 8,280
Restricted cash 126 86 86
Cash paid for interest 0 0 263
Cash paid for income tax $ 2 $ 0 $ 591